Mort’s Deluge His Triplex Got All Wet. Zuckerman flees
his co-op palace for New
York Palace. Mort Zuckerman may own one of the most envy-inspiring apartments in Manhattan, but he’s currently staying in a hotel. Zuckerman’s triplex penthouse at 950 Fifth Avenue recently was massively flooded. “A water pump was backed up,” says
a real-estate source familiar with the details. “And his terrace only has a tiny drain. There was spectacular damage.” However, Zuckerman is still paying about $13,000 a month in maintenance fees, which his insurance company may
end up suing
the building to recoup. His two-bedroom triplex suite
at the New York Palace hotel runs about $10,000 a night. Zuckerman didn’t answer his room’s phone at the hotel, and his office refused to comment.
—Deborah Schoeneman